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1222 Wallgate Ave, Waterloo, IA, 50701

2beds
2baths
1,274sqft
$160,000
$126price/sqft
$1,307/moest. monthly cost
$52,280/yrincome needed

About This Home

This charming 1½-story home blends classic character with thoughtful updates. Original hardwood floors flow throughout the main level, where the inviting living room opens seamlessly into the dining room. The kitchen is spacious and provides updated countertops and cabinetry. Also on the main floor, you'll find a comfortable bedroom, a full bathroom, and a versatile bonus space that's perfect for a home office, or a reading nook. Upstairs you will be pleased to find a large bedroom with its own bath. The bathroom has all the plumbing installed to add a bathtub. The basement offers ample storage space and a dedicated laundry area. Exterior amenities include a fenced-in yard, two-stall garage, enclosed porch, and rear deck. A brand-new roof was installed in May 2026, and new siding has been ordered and is scheduled for installation within the next few weeks.

Getting Around

50
WalkingCar-Dependent
27
TransitSome Transit
57
BikeBikeable

Schools

5/10
2/10
Central Middle SchoolGrades 6-81.4 mi
2/10
East High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1915

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Block

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood
  • Fireplace features: None
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,274 sqft

Other

  • Level: Upper

Other

  • Level: Main

Other

  • Level: Lower

Property

Details

  • Parcel number: 891327104006
  • Zoning: R1-SF
  • Special condition: Standard

Features

  • Patio & porch: Deck,Covered,Enclosed

Lot

  • Lot size: 10,018 sqft
  • Lot size dimensions: 80X125

Parking

  • Total spaces: 2
  • Parking features: 2 Stall,Detached Garage
  • Covered spaces: 2
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Strong Wind
Tornado

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $809$9,708
Home Insurance *$143$1,716
Property Taxes $234$2,808
Electricity $121$1,452
Total$1,307$15,684
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,811/yr
40% on housing$39,210/yr
45% on housing$34,853/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.2%
13.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 50701$135
Black Hawk County$138

vs Homes Sold Last Month

Median $/sqft

ZIP 50701$122
Black Hawk County$123

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$160,000
2026-08-02Listed for sale$160,000
2008-12-22Sold$75,000

For Sale by Agent

AgentWhitney Jones
BrokerageOakridge Real Estate

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